Free Canadian calculator
RRSP Calculator Canada
This is not a CRA account lookup or a complete deduction-limit calculator.
Illustrative deduction amount—
Illustrative 18% room less contribution—
Important note
Estimate an illustrative RRSP deduction amount using income and contributions.
Illustrative estimate only. Actual results can differ because of taxes, payroll frequency, lender underwriting, fees, compounding conventions and personal circumstances.
Frequently asked questions
Is 18% the complete RRSP rule?
No. The actual RRSP deduction limit depends on prior-year earned income, pension adjustments, carry-forward room and the annual CRA maximum.
Where should I verify my room?
Use your CRA records and notice of assessment.